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5 Top Learnings from Legal SaaS Logikcull’s Almost $300,000,000 Sale to Private Equity

SaaStr

Once The LOI / Term Sheet is Signed, You Can’t Change or Negotiate Anything This is true in corporate M&A too, but a good reminder. So Andy moved to aggressively monthly and quarterly goals for the team both for top-line growth and cash. And mostly abandoned longer-term annual goals. #4.

Legal 119
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Where AI falls short in high-stakes B2B industries

Martech

High-stakes industries: Where precision is non-negotiable The global marketing transcription market is projected to reach $4.4 B2B marketers serving highly regulated and technical industries like legal, medical and law enforcement know that precise, accurate communication is crucial. billion by 2033.

B2B 136
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Removing Legal Bottlenecks to Accelerate Deal Cycles

Sales Hacker

But the contracting process can be a major source of tension and inefficiencies, especially between sales and legal teams. The legal suite, on the other hand, is focused on control. Contracting barriers affect both sales and legal teams. Empowering legal and sales to work together faster. Sales teams are focused on speed.

Legal 123
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Where AI Really Matters in Vertical SaaS With CEOs of Owner, Alloy Automation, and DoNotPay

SaaStr

What began as a solution for fighting parking tickets has evolved into a comprehensive platform that helps consumers assert their legal rights and negotiate with large companies. Under his leadership, DoNotPay has pioneered the use of AI for consumer advocacy, including developing sophisticated AI negotiation systems.

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Dear SaaStr: What Really Happens When a Company Buys Another One?

SaaStr

A ton of time is invested negotiating price, and then way, way too much time on inconsequential legal terms, and then … it closes. Having been through 4 acquisitions in different forms (founder, exec, etc), it’s a lot like a venture capital investment. Usually, there isn’t actually a ton of time to really get to know each other first.

Legal 105
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Dear SaaStr: The Startup I’m Working At is Getting Acquired. How Much Can I Negotiate?

SaaStr

How Much Can I Negotiate? Unfortunately, as a non-CEO, non-founder of an acquired start-up … you have almost no ability to really negotiate. Overall, your ability to negotiate in M&A in any context, in any job, is based on your ability to walk for something better, or just walk. Often, G&A (finance, legal, etc.)

Negotiate 122
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Tap Mentors and Sponsors to Drive Legal Department Diversity

Smarter With Gartner

In a 2020 Gartner poll, more than a third of legal, compliance and privacy leaders (and their staff) indicated they want help implementing diversity and inclusion initiatives within the legal department. That plea comes amid widespread pledges but few results in the commitment to advance underrepresented groups in legal departments.

Legal 87